Inventory Manager

Company Name: Dragnet Solutions Limited

Job Description:

 The Inventory Manager will ensure optimal stock levels, minimize waste, streamline procurement processes, and enhance overall supply chain efficiency.

Key Responsibilities:

• Develop and implement robust inventory control systems and procedures across all operational units.
• Monitor and maintain accurate inventory records, conducting regular stock counts and reconciliations.
• Analyze inventory data to identify trends, forecast demand, and optimize stock levels to prevent shortages or overstocking.
• Collaborate with procurement teams to ensure timely and cost-effective ordering of supplies.
• Implement strategies for waste reduction, spoilage control, and efficient stock rotation.
• Oversee inbound and outbound logistics, ensuring efficient receipt, storage, and distribution of goods.
• Negotiate with suppliers and vendors to achieve favorable terms and pricing where applicable.
• Ensure compliance with all relevant health, safety, and quality standards pertaining to inventory storage and handling.
• Prepare regular inventory reports and provide insights to management on inventory performance and opportunities for improvement.
• Utilize inventory management software effectively to track and manage stock.

Qualifications and Experience:

• Bachelor’s degree in Business Administration, Finance, Economics, or a closely related field.
• A minimum of 10 years of progressive experience in inventory management, supply chain, or a related field, preferably within the hospitality or retail sector.
• Significant experience in a Quick Service Restaurant (QSR) environment is a strong advantage.
• Proven ability to manage complex inventory systems and optimize stock levels.
• Strong analytical skills with proficiency in data analysis and forecasting.
• Excellent negotiation, communication, and organizational skills.
• High level of proficiency in inventory management software and Microsoft Excel.
• Detail-oriented and committed to accuracy.
• Ability to work independently and collaboratively with cross-functional teams.
• Willingness and availability to work long hours and most weekends as required by the hospitality industry’s operational demands.

Compensation: Your proposed salary will be thoughtfully determined based on extensive experience and overall suitability for this pivotal role.

Application Question(s):

• Do you have experience in the hospitality / restaurant industry ?

Experience:

• Hospitality / Restaurant: 10 years (Preferred)

Application Deadline: 04/06/2025

Job Types: Full-time, Permanent

Location: Lagos

Job Posted: 2nd June 2025